Gold falls to 3-week low on Fed and Ukraine outlook

Source: Bloomberg
© FP
Gold fell and traded near the weakest level in three weeks since investors estimated the Fed decision that signalled possible interest rates hike by the middle of the next year versus the tensions in Ukraine. Gold for immediate delivery gained 0.2% to $1,332.33 at 8:42 a.m. London time, after reaching $1,325.66 today, the weakest level since February 28. and it dropped 0.7% to $1,332.40 for April delivery.
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